• Thu. Nov 28th, 2024

Bitcoin Price Dips After Fed Leaves Interest Rates Unchanged

Aug 1, 2024

Crypto markets traded lower on Thursday following the Federal Reserve's decision to leave benchmark interest rates unchanged.

Ethereum (ETH) fell 4% to $3,175, while Bitcoin (BTC) dipped 2% to trade at $64,417. Solana (SOL) plunged 8% today, making it the worst performer in the top 100 cryptocurrencies by market capitalization. Polkadot (DOT) dropped 3%.

SOL Price chart

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[Source: TheDefiant]

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